Formal Organizations

Formal organizations are people organized into a social unit for the explicit purpose of achieving certain goals. Such
organizations include governments, businesses, nonprofit organizations, political parties, and the court systems. They do
not include informal organizations such as the family, culture, and social groups. Formal organizations are
characterized by endurance beyond the participation of individuals and require detailed rules for internal
operations.

Course requirements:

* FORG 201 Formal Organizations and Market Behavior

A history course that demonstrates how formal organizations were developed and employed, ECON 214.Business and Entrepreneurial History, or ECON 249. The Political Economy of WesternCivilization.

Three other courses drawn from the following approved list. (The five total courses must include one from at
least three departments or programs with FORG courses counting as one program.)